Freedom Finance PPI

[lindav]

Hi, I am new to this please treat me gently!!

 

I had a ppi arranged for a secured loan via freedom finance. It was active for approx 3 years and the secured loan it was attached to was paid off May 2005, As Freedom Finance is no longer in business (it was taken over in the last 12 mths I think) what are my chances with FSCS?

 

Many thanks:confused:

[dx100uk]

very good if you've all the info

 

dx

[StokiePotter]

lindav, I tried to get my PPI from Freedom..

.. unfortunately the got me via a "loophole",

my broker was Freedom,

the lender was Endeavour and the PPI part of the loan was via a company called Bespoke finance

 

who... unfortunately for me were based outside the UK so I was unable to claim my PPI on a 10K loan !!!

 

You might be lucky and find your lender etc were UK based, but from my experience Freedom made sure I couldnt have a penny back See my thread on it below... http://www.consumeractiongroup.co.uk/forum/showthread.php?200249-Endeavour-Loans-amp-PPI&p=2762871#post2762871 "Good Luck!"

[dx100uk]

things have moved on a bit now

 

if it was a regulated CCA

 

then under sec 56 FF ARE your TARGET.

 

dx

[StokiePotter]

things have moved on a bit now

 

if it was a regulated CCA

 

then under sec 56 FF ARE your TARGET.

 

dx

 

So in other words I can re-apply for my PPI? I was that annoyed with them after my initial refusal I contact the FOS who investigated etc... 8 weeks later I got a letter of them saying they could do nothing for me etc...

[lindav]

Thank you both for taking the time to answer. I have sen off my initial questionnaire to FSCS, will see what happens and update you.

[lindav]

very good if you've all the info

 

dx

 

Hello again, I have just been onto FSCS and they have said they cannot help since since the policy was taken out before Jan 2005. They have had my paperwork since August 2012.

[dx100uk]

poss fire it off to HFC [endevour?]

 

dx

[lindav]

poss fire it off to HFC [endevour?]

 

dx

 

Hi, Thanks for answering. I have not heard of them? Who are HFC? Linda

[dx100uk]

endevour finance are HFC.

 

type in Endeavour

 

in our search in the grey toolbar up top

 

dx

[lindav]

Hi again,

 

Just got my knock back letter from FSCS as my Firstplus/Freedom Finance ppi was taken out before Jan 2005 they cannot help. Should I pursue the might Freedom Finance? I remember seeing threads about CC act section 56 as FP took the payments every month and added the interest.

 

Thanks for taking the time to read this.

 

Linda

[alanalana]

Now is the time to fire off a claim to the FOS. Please provide them with all the relevant information on your claim so far. FOS link is here http://www.financial-ombudsman.org.uk/publications/technical_notes/distress-and-inconvenience.htm.

Better to let them deal with the whole issue there seems to be too many let out clauses to the PPI mis selling scandal and it needs to be sorted, there are too many fish getting off the hook and it needs to be stopped. Make as many waves as you can and please see this for more information.

 

http://www.covermagazine.co.uk/cover/news/2151314/fsa-demands-firms-185-rejected-ppi-complaints

 

http://www.fsa.gov.uk/pages/Library/Communication/PR/2009/129.shtml

 

much more in here.....http://www.consumeractiongroup.co.uk/forum/showthread.php?135060-Mis-sold-PPI-Want-your-money-back-use-these-links-to-help

 

Keep at them.

 

aa

[dx100uk]

its already beento the fos

 

sec 56 might work or try hfc.

 

dx

[alanalana]

OK sorry to jump in without the full information.

 

aa